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Female shop owners catalyzing financial inclusion in the Philippines

Grameen Foundation’s digitally powered Community Agent Network (CAN) has equipped and empowered a largely female field force to break through barriers to financial services for the country’s low-income communities

MANILA, April 12, 2018 – In a breakthrough for financial inclusion in the Philippines, Grameen Foundation and its implementing partners Action.able, Inc and FSG Technologies, Inc. has proven that a female led agency force can work to bring financial services to low-income communities, many from from a bank branch. 

Catalyzing Financial Inclusion: The Case of Grameen Foundation’s Community Agent Network Program in the Philippines

Offering digital financial services to women and men in low-income and rural areas requires much more than a technology solution. It also involves activities that encourage client adoption, a robust agent network and reliable digital platforms, and a viable business for financial technology providers. This report shares key lessons from Grameen Foundation’s Community Agent Network (CAN) in the Philippines with respect to these areas.

Community Agent Network for Financial Services: An Agent Manager’s Guide to Key Performance Indicators

Grameen Foundation’ Community Agent Network (CAN) in the Philippines embodies a new approach to extending financial inclusion to people in poor, remote areas that is applicable across many countries. Combining a mostly female agent network with a digital financial services platform that connects people with banks, utility companies, government agencies, and other businesses it has enabled up to one million low-income people in the Philippines to benefit from formal financial services.

Using Digital Technology and Data to Strengthen the Resilience of Coconut Farmers

In the Philippines, more than three million coconut smallholder farmers supply a multi-billion dollar export industry. Yet, they are among the poorest households in the country.  Grameen Foundation developed FarmerLink, using digital technology and field agents to provide farmers with complimentary resources: agricultural training, connections to high-value markets, support for organic certification, training in financial management, and access to financing.

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